In this dissertation I explore the relationship between the frictions in a country's financial market and its business cycle movements. It is well known that the financial market is far from perfect, and shocks originating ...

In Chapter 1, we study the relationship between the target value creation and acquirer corporate governance measures. We show that, based on the 2-day, 5-day and 10day announcement windows, the targets acquired by companies ...

The essays of this dissertation study the effect of alcohol advertising on individual drinking, alcohol firm advertising decisions, and the relationship between education and mortality. The first essay focuses on the ...

Due to rapid expansion in size of the Hispanic American population, Latinos are exerting an ever growing influence on the economy and culture of the United States. At the same time, their own views and lifestyles are being ...

Information asymmetry is a common phenomenon everywhere. This dissertation studies this phenomenon through observing the equity market both in the developed country and in the emerging market and observing both the initial ...

This dissertation aims at improving the understanding of the relation between innovation investment, financial constraints and capital structure in the context of emerging economies. Since early 1930s, economists have ...

International portfolio diversi…cation is bene…cial only if asset returns are not signi…cantly correlated across countries. Therefore, it is essential for investors who want to make an appropriate portfolio selection to ...

My dissertation addresses topics of international finance. The first chapter develops a theoretical framework to analyze the composition of foreign investment during liquidity crises. The second chapter examines the role ...

This dissertation includes two chapters on international joint ventures and corporate finance. Chapter 1 is the first to relate the hubris hypothesis (Roll, 1986) to international joint ventures. I investigate shareholder ...

The essays that compose this dissertation investigate the economic distortions caused by subsidies and tariffs under the prism of negotiation and litigation processes at the World Trade Organization (WTO). Chapter 1, ...

The first essay looks how the disability wage gap as well as the gender, race, and ethnicity wage gaps are affected by macroeconomic conditions. Even though a large literature looks at the trends of these wage gaps, very ...

The main component of this thesis, found in the first chapter, is an investigation of earnings instability, which can be thought of as the fluctuations around permanent earnings over time of a worker's labor market earnings. ...

This dissertation analyzes the economic, political, and social consequences of labor market interventions by different economic actors. What happens when consumers in the developed world intervene in the labor market of ...

In addition to a weakening demand for their products, livestock producers have faced historically high feed costs and struggle to meet increasingly stringent regulations on the management of animal wastes. In two related ...

While innovation and growth can be promoted internally through focus on research and development (R&D), many firms find acquisition from external sources to be a speedy and attractive alternative. Despite the numerous ...

Model selection and nonnested hypothesis testing procedures are considered in three papers. The papers generalize the existing testing procedures and propose methods to improve approximations to the sampling distribution ...

credit/GDP to avoid the buildup of excessive risks, macro prudential policies become quantitatively more important. The second chapter based on premise that monetary policy has played a prominent stabilization role in many ...

This dissertation applies the tools of network analysis to study job mobility. Job mobility is a complex phenomenon, and network theory provides a novel and practical framework for dealing with this complexity in understanding ...

the returns to effort increase with the hierarchical levels, which cannot generate the convex wage structure unless further assumptions added on optimal effort levels and cost functions. The third chapter investigates the ...